Skye Bioscience's Investigational Drug Disappoints As Monotherapy For Weight Loss - Skye Bioscience (NASDAQ:SKYE)
Combination of nimacimab and semaglutide achieved 13.2% weight loss versus 10.25% with semaglutide alone, with no increase in gastrointestinal or neuropsychiatric side effects.
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Skye Bio Obesity Drug Fails in Phase 2; Hopes Now Ride on Higher Doses and Combo Treatment
While Skye Bioscience said its drug nimacimab may yet achieve better weight loss results with higher doses, the company and analysts are interested in the drug’s potential to be combined with Novo Nordisk’s Wegovy. Skye’s drug is an antibody designed to preferentially target CB1 receptors in the gut, offering an alternative approach to activating GLP-1 receptors. The post Skye Bio Obesity Drug Fails in Phase 2; Hopes Now Ride on Higher Doses and…
Skye Bioscience's Investigational Drug Disappoints As Monotherapy For Weight Loss - Skye Bioscience (NASDAQ:SKYE)
Skye Bioscience Inc. (NASDAQ:SKYE) stock sank on Monday after the company released topline data from its 26-week Phase 2a CBeyond proof-of-concept study of nimacimab. The nimacimab monotherapy arm did not achieve the primary endpoint of weight loss compared to placebo (-1.52% vs. -0.26 for placebo, mITT). Preliminary pharmacokinetic analysis showed lower than expected drug exposure of nimacimab, supporting evaluation of higher dosing. Also Read:…
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